History and Application
This parabolic curve pattern was first observed in the markets over 50 years ago and was misnamed a parabolic trend. Then, observing a parabolic curve pattern on the charts was a rarity. With increased market participation in forex, with the added propensity to have increased buying and selling pressure on a currency pair by an increased...
THIS TRENDLINE IS NOT BREAK FROM BUYER
WHERE TRENDLINE BREAK FROM BUYER IS 100% SAFE FOR GOING STRONG BULLISH
BUT FOR MOMENT IS IN CONTROL FROM SELLER AND WE WAIT SIGANL FOR RECOVERY
We do not know yet for sniper entry but we will see the news further as 1D has not yet confirmed a buyer's control
So far we are in an unstable result where buyers and sellers are struggling in a fairly cold zone for getting control.
But it's pretty good that sellers are in control of the situation after they have approached the trendline area in the 1 day chart and now should look in the next few days how the situation will be.
EURUSD H4 Update - Currently sat on our H4 channel resistance, ideally need to break through this to continue to the upside for a push through our supply zone. May consider taking profit for +27 if we struggle to break this level.
Aaand the losing streak is over! Thanks to a decent signal from EUR/USD, the HLHB is back to black this week. Phew!
Before we get to the numbers, read all about my HLHB Trend Catcher System if this is your first time hearing about it!
Basically, I’m catching trends whenever the 5 EMA crosses above or below the 10 EMA. A trade is only valid if RSI crosses above...
The latest stock market growth has sent DAX to the top.
So the channel level has been broken down to 11,990 and we can recover from an increase of 12,140. Then you will see a decrease of 11,880 and a breakdown of 11,690 to continue with you at 11.150
Before the NFP news we predicted by stoch indicator how the market would go,
we already have a fairly clear view ...
Because Gold is now forecast to go to point 1298 and 1300 because stoch slow (6,10) is going up
Today I introduce you to the slow stoch analysis where we will see that if the arrow part goes above then we have a very strong signal from the bulls but if the bow reaches the bottom the salespeople will try to break another resistance in 1287 and continue with down to 1280.